Societies formed by memorandum of Association and Registration ; Any seven or more persons associated, for any literary, scientific, educational, religious or charitable purpose, or for any such purpose as is described in Section 2 may be subscribing their names to a memorandum of association and filing the same with the Registrar, form themselves into a Society under this Act.
Requirements with respect to memorandum of association –
(1) The memorandum of association of every society shall state -
(a) the name of the society;
(b) the objects of the society;
(c) the location of the head office of the society;
(d) the names, addresses, and occupations of the Governors, Council Directors Committee or other governing body to whom by the regulations of the society the management of its affairs is entrusted.
NGO Fundraisers is a Private Limited company, incorporated under the India Companies Act, 1956. It is a company that is headquartered in Bangalore. NGO Fundraisers has been constantly trying newer and more innovative methods of raising funds for the deserving organizations that it works with.
Through an ingenious approach devised by the founder Mr. V. Sridhar, NGO Fundraisers has been able to effectively tap into the segment of ‘Individual Philanthropy’ very effectively. There are mnay people who wish to contribute, modest sums of money for a good cause, but are unaware on which agency they must approach for the same purpose. Most importantly, these individuals may not have the time or the inclination to go in search of such agencies. By reaching them directly, this problem is eliminated and hence, the philanthropy of these individuals can be passed onto the organizations that have a requirement for the same.
India is a country of a 100 Crore people. Of this 100 Crore, even if half a percent of these individuals were to contribute an amount equivalent to Rs 2000/- per annum, imagine the amount of funds that can be raised for the needy in this country. It is this kind of a phenomenon that NGO Fundraisers plans to unleash and utilize for the good of people in this country.